Ican 2022 Advanced Taxation Question 2

Professional accountants who are engaged in either tax practice or tax administration are confronted with many challenges due to changing operating environment, particularly disruptive technologies. While clients are demanding cutting edge services from professional accounting firms, it is worrisome to note that majority of tax administrators in Nigeria are still carrying out their work manually. In a paper you recently delivered at a seminar organised by The Institute of Chartered Accountants of Nigeria (ICAN), you submitted that tax practitioners and administrators could make use of information technology to enhance their work and remain relevant in today’s dynamic environment. Among the participants at the seminar was a principal partner of an “old firm of chartered accountants”, who confessed to you that his firm was finding it difficult to satisfy its clients efficiently and effectively due to a wide range of issues, new layers of complexity and regulatory pressure. He has therefore approached you to organise a two-day in-house training for his staff on “Technological tools, impact and challenges to tax practice and administration.”